freebet

 I'm going to point out a technique I have now been using that has provided me with a wonderful flow of free and easy money in the last few weeks.

I've read and known about this approach and the basics of it for some years now, but for whatever reason or another I just never got around to implementing this knowledge and cashing in onto it until recently.

The method I'm on about is cashing in bookmakers freebet, it can also be called Matched Betting. I have now been generating money for clear of using these methods for a few months now and regularly write about how I actually do, on my website.

To date in 2010 I've made a hundred or so pounds, it is indeed a little goldmine and I've no where near finished yet.

Basically all I actually do is open new bookmakers accounts, place the free bets I get for opening the accounts and then lay the exact same bets on a betting exchange for a proportion of the free bet amount in order to guarantee myself a cash return no matter what the outcome of the event is.

It's not gambling and it is nearly risk free. Most people would say it is risk free, the only real reason why I don't is really because should you choose it wrong you could lose money.

To clarify that, what I'm saying is that if you place your bets within an incorrect fashion you could lose money. You will need to ensure that you fully understand what you're doing, you need to read the terms and conditions to be sure you know the utmost bet amounts, and you need to ensure that you realize the principle of laying a group (this is the alternative to betting on a group to win, it is effectively still a bet, but a bet on the team NOT winning) on a betting exchange.

For example, everything you do is open a bookmakers account supplying a free bet, for the sake of this example let's say the free bet is for £50.00 (not an uncommon amount).

I'm going to utilize simple maths because of this example. To get the £50.00 free bet, you will probably need to position a £50.00 qualifying bet. To make sure this doesn't lose you anything, you lay the exact same bet on a betting exchange.

So what I'd do first is place my qualifying bet. For this I'm going to back England to beat Australia at cricket at odds of 2.00 (Even money), so I place £50.00 on England at 2.00 (Even money) with the bookmaker to win another £50.00.

I then lay England on the betting exchange for £50.00 at Even money (or as near to Even money as I can get), this way I won't lose my qualifying bet of £50.00.

I will probably need to lay England at slightly over 2.00 (Even money) because it is rare for the 2 prices to be the same. It won't be an excessive amount of though, it could be about 2.04 or 2.06, which may mean I'd get slightly less than my £50.00 back.

Basically I are certain to get around £48.00 to £49.00 back on my qualifying bet, meaning it's lost me something between £1.00 to £2.00. But I'm not as bothered about that as I can make it back and more using my free bet.

I then await another cricket match to start and now I take advantage of my £50.00 free bet to again back England at 2.00 (Even money) to win £50.00 again.

But now when I lay England on the betting exchange, I only lay them for £25.00 - half the free bet amount. In this manner I get £25.00 no matter what happens.

That is guaranteed profit. If England win I win £50.00 back from my free bet and I lose £25.00 on the betting exchange, that's £25.00 profit.

If England lose I are certain to get nothing back from my free bet (remember, I don't lose anything as it's a totally free bet). But I actually do get £25.00 back from the betting exchange because I played a lay bet on England for £25.00 (remember from earlier, when I wrote a lay is just a bet on a group NOT winning). In order you will see, you win no matter what happens.

This is a rough guide as to how this approach of trading (or betting some might say) works. It is easier to work out the levels of money needed on both parties of the equation with the odds I utilized in my example. I can assure you that it gets a lot more awkward to work out the equations involved when you are working with a differing selection of odds.

Personally I work them out myself, but I'm confident in what I'm doing from spending years betting. For someone else looking to utilize this approach who is unsure of what amount to utilize, 'Matched Betting Calculators' may be on the internet. These methods can be used for Football Betting and for betting of all sports in general.

You can find hundreds - maybe even thousands - of pounds worth of free bet offers similar to this example just waiting to be exposed. I've made around £700 in 2010 and I still have a lot to use.

Another little tip is that the Mum, Dad, Sister, Wife or Girlfriend, etc can try this as well once you have learnt how to do it and worked the right path through all of the available freebet.

The key aim of my website is always to earn money from Cricket Betting. I also write about other methods of earning profits, I'm currently exploring means of earning profits from risk free methods such as for example Bonus Bagging.